Silver Rate on July 27: Prices unchanged; check rates in Delhi, Mumbai, Chennai and other cities

Silver prices remained steady after gaining by ₹5000 per kg on Saturday. According to GoodReturns.in, silver prices on July 27, 2026 (Monday) stood at ₹2.4 lakh per kg.

In the last 10 days, silver prices have increased by ₹10000 per kg.

Factors influencing silver rate in India

In line with the optimism in the global bullion market, silver prices also rose on the MCX today. At around 12 pm, silver futures contract for September delivery traded higher by over 1.11% or ₹2,462 per kg to ₹2,24,600 per kg.

Spot silver traded even sharply higher, up over 2% at $59.44 per ounce. Meanwhile, US silver futures (September contract) was up 1.44% at $59.75 per ounce.

Strong buying interest in the white-metal was seen after oil prices cooled-off following a halt in the US-Iran hostilities. The broad-based rally signifies improving investor sentiment as inflationary concerns ease.

Analysts attribute sharp gains in the precious metals to a fall in crude oil prices and the US dollar.

Market participants, meanwhile, await the US Fed policymakers' decision on the interest rate path iat their meeting due to be held tomorrow.

In the near term, silver prices will continue to be influenced by geo-political developments, interest rate outlook and dollar-rupee exchange rate among others.